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Feb 25, 2025
How Much Is the National Debt? What Are the Different Measures Used?
There are three widely used measures of federal debt. What are the important differences between these measurements?
Sep 9, 2020
How Were State Budgets Doing before the Pandemic?
The COVID-19 pandemic has contributed to a significant budget crunch at the state level. Some states were better prepared than others to handle this crisis.
Oct 19, 2018
IMF Raises Concerns for Fiscal Stability in the United States
The International Monetary Fund warns that U.S. debt levels pose a risk for future economic growth and fiscal stability.
Dec 5, 2024
5 Facts About Rising Income Inequality in the United States
The concentration of income toward high earners has become more pronounced since 1981.
Apr 1, 2021
Long-Term Unemployment Has Quadrupled, and That’s a Problem for the Economy
The long-term unemployed now account for 42 percent of all unemployed workers, up from 19 percent before the pandemic.
Jul 1, 2020
Pandemic Budget Crunch Could Force States to Slash Social Services, Education, Police Budgets, More
Without federal intervention, many services could be drastically reduced to meet balanced budget requirements.
Oct 29, 2020
Q3 GDP Shows Big Jump, but Economy Remains Below Pre-Pandemic Levels
The increase in the last quarter represents a significant rebound in economic activity, but many are cautioning that the recovery is far from complete.
Mar 16, 2022
The Fed Hikes Interest Rates to Curb High Inflation, But with Implications for the National Debt
The Federal Reserve announced an increase in the target for the federal funds rate, the interest rate at which commercial banks lend to each other overnight.
Nov 5, 2021
The Labor Market Recovery Continued in October
There were 531,000 jobs added in October. However, the unemployment rate remains high, especially for non-white workers.
Jul 1, 2021
The National Debt Will Hit Its All-Time High by the End of the Decade, and Other Takeaways from the Latest CBO Report
While deficits will decline over the next few years as the pandemic wanes and the economy recovers, the nation will remain on an unsustainable fiscal trajectory due to a structural mismatch between spending and revenues.